The real estate market in Jalna and Aurangabad (now Sambhaji Nagar) in Maharashtra has garnered substantial attention over the past 90 days. A multitude of development initiatives, government policies, and infrastructure upgrades are poised to redefine the region's economic and real estate landscape. This analysis provides a comprehensive overview of the key trends, projects, and predictions shaping the market.

2. Market Gossip & Buzz

The buzz around Sambhaji Nagar being the next industrial epicenter of Maharashtra is notable. This speculation gains momentum due to its linkage with the Delhi-Mumbai Industrial Corridor (DMIC) through the Shendra-Bidkin Industrial City project. However, the development of this hub faces skepticism, fueled by delays in airport expansion and political disagreements between state and central authorities. Local opinions suggest that Shendra-Bidkin could revolutionize the region, provided these hurdles are efficiently managed.

3. New Projects Launched

While specific launches of new projects were not extracted, the emphasis on developments such as the Shendra-Bidkin Industrial City signifies a strategic push towards industrial facilitation and urbanization.

4. Upcoming Projects

The Shendra-Bidkin Industrial City stands out as a significant forthcoming project. Spanning 10,000 acres, its prime focus areas include textiles, defense, electronics, and food processing. Emphasizing sustainability, the project promises advanced infrastructure with underground utilities and zero carbon emissions. Interest from multinational giants like Skoda, Bajaj, and G-Ed Green Mobility underscores its potential attractiveness to investors.

5. Price Changes in Existing Projects & Localities

The provided insights did not specifically mention any price changes in existing projects or localities within the area.

6. Infrastructure Developments

Several infrastructure initiatives are underway or proposed:

• Airport Expansion: A ₹588 crore project aims to extend Sambhaji Nagar's runway to support international flights. However, this project's progression is currently hindered by political disputes.
• Pune-Sambhaji Nagar Expressway: A proposed 6-lane expressway at ₹9,565 crore intends to reduce travel time significantly. Phase 1 will have an elevated section.
• Railway Redevelopment: The redevelopment of Aurangabad Junction with a ₹241 crore budget promises modernized facilities, including enhanced connectivity and metro-style terminals by 2026.
• Marathwada Water Grid: A ₹25,000 crore project aims to mitigate drought effects, with Phase 1 concentrating on Jalna and Sambhaji Nagar.

7. Government Policies & Regulations

Key governmental policies influencing the market include:

• Under the ABSS Scheme, railway station upgrades are expected to boost real estate values near transit hubs.
• The Smart City Mission features over 50 ongoing projects, including feasibility studies for a metro, enhancing the region's urban infrastructure.

8. Builder & Developer News

No specific updates were provided regarding builders or developers directly impacting the market over the last 90 days.

9. Housing Trends (Luxury vs. Affordable)

Insights into specific housing trends, whether luxury or affordable, were not detailed in the extracted information.

10. Market Overview & Comparisons

The overarching theme for Jalna and Aurangabad's real estate market is one of potential transformation due to substantial infrastructural and industrial projects. Compared to other regional hubs like Pune and Nashik, Sambhaji Nagar is positioning itself as an emerging industrial center though it faces obstacles hampering immediate growth.

11. Expert Opinions & Market Predictions

Experts suggest that the combination of DMIC and expressway developments might soon rival established corridors in Maharashtra, boosting industrial prominence. There's an uptick in interest from Non-Resident Indians (NRIs) keen on investing in this burgeoning market. However, delays in promised infrastructure enhancements could deter potential investments.

12. Conclusion

The real estate market in Jalna and Aurangabad is on the cusp of significant transformation, driven by ambitious projects across infrastructure and industrial development. While opportunity abounds, the pace of market evolution remains contingent upon overcoming bureaucratic and political challenges. As industry stakeholders watch closely, the market's trajectory will largely depend on successful execution of proposed initiatives, which could soon position this region as a pivotal industrial and real estate hub in Maharashtra.